Hello Friends, From Now on you can send your Amazon Pay Balance to your Bank Account. For this you don’t want to use any Trick. Yes, Amazon is very soon launching it’s New Service called Amazon Money by which it will allow you to Transfer your Amazon Pay Balance to the Bank Account you want. Maximum Limit Per Month would be Rs. 20,000/-

The Service is not Launched yet but it expected to be Launched very Soon, Maybe within Next 1 Day or 2 Days. Here are all the Details for you.

What is Amazon Pay balance?

Amazon Pay balance is a digital wallet solution provided to you by Amazon using which you can make online transactions on Amazon.in and our partner websites & apps.

Balance consists of two different components which are Money and Gifts & Credits. Therefore, total Amazon Pay balance= Money + Gifts & Credits.

What is Money?

Money is a new feature of Amazon Pay balance, which allows you to add funds and use the same at Amazon.in and partner websites & apps in a simple and convenient manner. This is separate from money lying in your Amazon Gift Card balance which is shown under Gifts & Credits within Amazon Pay balance.

Funds can be easily added to Money in Amazon Pay balance through a Credit/Debit card or net banking, which can be used to make payments on Amazon.in and partner websites & apps. There are many more exciting features in the pipeline as part of Money offering.

What are the benefits of using Amazon Pay balance?

Instant Checkout: Make payment in one click, no OTP or bank passwords required.

Faster Refunds: In case of returns, your refunds are credited to your balance within 24 hours

Money can be added using domestic credit or debit cards, net banking and Cash Loads.

Gifts & Credits can be added using domestic credit or debit cards and net banking only

Do I need to login to Amazon.in to create an Amazon Pay balance account?

You need an active Amazon.in account to create an Amazon Pay balance account. This can be created only post logging into your Amazon.in account. If you do not already have an Amazon.in account, sign up from here.

When can I start adding funds to Money in Amazon Pay balance?

You can start adding funds to Money as soon as you have completed the signup process. Check this page to sign up now.

Questions about Adding/Loading Money

How can I top up my Amazon Pay balance?

You can top up funds to your Amazon Pay balance from the Amazon Pay section.

What are the payment methods using which I can top up Amazon Pay balance?

You can top up your Amazon Pay balance using a credit/debit card issued in India or through net banking. In addition to this, you can top up Money balance through Cash-load at doorstep feature. Learn more from here.

Please note you will not be able to use an existing Amazon Gift card or any card issued outside of India to top up funds to Amazon Pay balance. EMI, Prepaid/Virtual bank cards or combination of electronic methods of payments such as Credit/Debit cards with Cash on delivery is not supported to top up Amazon Pay balance.

Is there any restriction on the amount I can load in Amazon Pay balance?

As mentioned above, Amazon Pay balance consists of two components, i.e. Money and Gifts & Credits. Load limits for both of these components are explained below:

Money: You can load upto Rs. 20,000 in a calendar month. The minimum amount for a top up has to be Re.1 . However, at any point in time the balance in Money account cannot exceed Rs.20,000.

For Example: If you have a carry forward balance of Rs.6,000 in Money from previous month, you will be able to load upto Rs.14,000 to Money in the current month. You can additionally load upto Rs.6,000 into Money account if you have spent an equivalent amount in the current month.

The Amazon Pay – Add Money page will always display the amount you can add to Money, based on your existing balance and the monthly limit.

Gifts & Credits: There is no limit on the amount that you can load to this component, however you cannot load more than Rs. 20000 in a single top up.

How much time does it take for a top up to be credited to Amazon Pay balance?

Typically a top up gets credited instantly, however in some cases it can extend up to 15 minutes.

Are there any charges for Top up/usage of Money in Amazon Pay balance?

No, there are no charges involved in topping up Money in Amazon Pay balance.

Questions about Usage and Expiry

Can I choose between Money or Gift & Credits to pay for an order?

When your Amazon Pay balance has funds available in both Gifts & Credits and Money, the funds available as Gifts & Credits will first be used on any payments. Money balance will be used only for any payment only when the Gifts & Credits balance is exhausted.

Where can I keep a track of all my Amazon Pay balance transactions?

You can keep a track of all transactions done on Amazon Pay balance account anytime by using the “View Statement” feature under “My Account” section. Click here to access it now.

Does Amazon Pay balance expire?

Money: In the unlikely event of no credit/debit transactions happening in your Amazon Pay balance – Money account for a continuous period of 12 months, funds available there would be forfeited. You shall receive periodic reminders before this happens on your email and mobile. Please check our terms and conditions for more details.

Gifts and Credits: The funds will expire in 12 months from the date of top up. Your Amazon Pay balance statement has a Gifts & Credits Expiry Dates section which displays the list of your gift cards expiring next. You can always track your gift cards expiry form here.

Can I use Amazon Pay balance in combination with another prepaid instrument to make payments on Amazon.in and partner websites & apps?

Only if the amount in your Amazon Pay balance is not sufficient to make payment for an order, you will be able to pay for the remaining amount using a credit/debit card or Net Banking.

Questions about Returns and Refunds

If I returned an order placed through Amazon Pay balance, how would I get the refund?

The refunds will be processed to your Amazon Pay balance.

If I am returning an order placed with a credit card and Amazon Pay balance, how will my refund be processed?

Refund will be processed to the respective payment methods used on the order. The amount paid from credit card will be refunded to the same card and the rest will be refunded to your Amazon Pay balance. The credit card refund take up to 5 business days.

Questions about Electronic transfers

Can I transfer money from my Amazon Pay balance to my bank account?

This feature is currently unavailable, but we expect to launch it very soon . Please keep checking our website from time to time for updates.

Can I transfer my Amazon Pay balance – Money to a different Amazon Pay balance account?

Currently it isn’t possible to transfer funds form your Amazon Pay balance to a different Amazon Pay balance account.